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York Posts Substantial Drop in Assets

York, one of the best-established firms in the industry, has seen its assets fall by billions as its biggest funds post losses.

          James Dinan, York Capital Management (Bloomberg) York Capital Management, the New York multistrategy and event-driven firm headed by James Dinan, has posted a sharp decline in assets, making it the latest long-established hedge fund firm to suffer billions in investor redemptions. York disclosed in a regulatory filing that its assets under

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